XRP is currently priced at $2.10, experiencing a 24-hour decline of 4.65%. The daily trading range has been relatively narrow, with a high of $2.21 and a low of $2.08, indicating a subdued market activity.

The trading volume over the last 24 hours stands at approximately $3.31 billion, contributing to a market cap volume ratio of 2.62%. This suggests that while the price is experiencing downward pressure, liquidity remains relatively high, which may provide opportunities for investors.

Technical indicators show a bearish trend, with the hourly moving averages indicating continued downward momentum. The 8 SMA is at $2.11, reflecting a 0.68% decline, while the longer-term averages such as the 55 SMA at $2.17 indicate a more significant drop of 3.11%.

The 1-hour RSI is extremely low at 23, indicating that XRP is in an oversold condition in the short term. Meanwhile, the 7-day RSI at 47 suggests that the asset is approaching neutral territory, hinting at potential consolidation if buying interest emerges.

Over the past week, XRP has declined by about 4.77%, yet there has been a minor rebound over the last 14 days, showing a price increase of 4.98%. However, the 30-day change remains negative at -4.95%, reinforcing the view that short-term recovery may be limited.

XRP's all-time high remains at $3.65, achieved in mid-2025, indicating significant room for growth but also a substantial level of resistance above current prices. Investors should remain cautious, given the current bearish indicators and the recent price action.

Based on the current analysis, I recommend a Hold rating for XRP. The oversold condition may provide a short-term bounce opportunity, but the overall downward trend in price and moving averages suggests a lack of bullish momentum in the near term.